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    Economics Principles and Policy Study Set 1
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    Exam 16: Externalities, the Environment, and Natural Resources
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    How the Price of a Depletable Resource Changes Over Time
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How the Price of a Depletable Resource Changes Over Time

Question 76

Question 76

Multiple Choice

How the price of a depletable resource changes over time depends on


A) how the technology of resource extraction changes.
B) the interest rate.
C) how the technologies of production change in firms that use the resource.
D) All of the above are correct.

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